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While disappointed in hearing that the Governor has allowed the passage of the bill to tax and regulate cannabis, S.54, without signing, our broad coalition of 6 Vermont organizations – Justice For All, Vermont Racial Justice Alliance, NOFA-VT, Rural Vermont, Trace, and Vermont Growers Association – are encouraged that he too acknowledges the inequity at the heart of the bill.
Read MoreLast week the S.54 Conference Committee appeared to abandon due process to finalize the bill in private without a final public meeting. After that dubious procedure concluded the Conference Committee, the House was quick to pass the bill onto the Senate, where they passed the bill onto the Governor. Phil Scott has 5 days to veto the bill, sign it, or allow it to pass into law without his signature.
Read MoreThe legislature is in recess until August 25th. Corporate cannabis companies plan to make a push to pass bill s.54 into law when policymakers return. VGA and coalition partners plan to oppose those efforts. Senator Baruth admits s.54 will take years to realize revenue, and, before the recess, the Senate sent the House a bill that doubles adult-use plant numbers and possession.
Read MoreAfter over a year of negotiations rocked by turmoil and crisis, this week Curaleaf Holdings, Inc. completed the purchase of GR Companies, Inc. to become the world's largest cannabis company. As a result, Curaleaf Holdings, Inc. will own over 135 licenses in 23 different states, including 2 of the 5 medical cannabis dispensary licenses in Vermont.
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